Toho Zinc Co.,Ltd. announced its earnings on 14 August 2026. Revenue for the first quarter of the fiscal year ending March 2027 was ¥31.1 billion, up 15.7% year on year. Operating and ordinary losses narrowed, while quarterly net profit attributable to owners of the parent turned profitable at ¥2.6 billion. Progress on the business revitalization plan is said to have contributed to the improvement in performance.
In its latest earnings release, Toho Zinc Co.,Ltd. reported revenue of ¥31.1 billion for the first quarter of the fiscal year ending March 2027, an increase of approximately 15.7% year on year. Although operating and ordinary losses continued, the size of the losses narrowed, and quarterly net profit turned profitable at ¥2.6 billion.
According to the summary of the earnings report, progress on the revitalization plan contributed to the improvement in performance. Factors cited as contributing to improved revenue and profitability included cost controls from structural reforms, expansion of the recycling business, higher zinc prices and the impact of a weaker yen.
The company’s recent performance trend has continued to improve over the past 12 quarters. While the equity ratio is recovering, attention is needed regarding the level of interest-bearing debt. Going forward, in addition to the revitalization plan, the development of a framework for securing funding, cost reductions, and stronger collection and reuse efforts are expected to affect medium- to long-term performance.
Key points for monitoring future performance include progress on the revitalization plan, fluctuations in raw material prices, trends in automotive demand, capital expenditures and improvements to the capital structure. Risk factors disclosed by the company include disruptions to silver product operations, changes in raw material procurement conditions, fluctuations in metal prices, and constraints associated with building up capital.